Journal ArticleDOI
The impact of group lending in Northeast Thailand
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The authors used data from a quasi-experiment conducted in Northeast Thailand in 1995-1996 and found that program loans are having little impact although naïve estimates of impact that fail to account for self-selection and endogenous program placement significantly overestimate impact.About:
This article is published in Journal of Development Economics.The article was published on 1999-10-01. It has received 614 citations till now.read more
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Microfinance and poverty - evidence using panel data from Bangladesh
TL;DR: In this paper, the authors used household level panel data from Bangladesh and found that micro-finance benefits the poorest and has sustained impact in reducing poverty among program participants, but the effect is more pronounced in reducing extreme rather than moderate poverty.
Journal ArticleDOI
Microfinance and poverty : evidence using panel data from Bangladesh
TL;DR: In this article, the authors used household level panel data from Bangladesh and found that micro-finance benefits the poorest and has sustained impact in reducing poverty among program participants, but the effect is more pronounced in reducing extreme rather than moderate poverty.
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Summary of "Expanding credit access: using randomized supply decisions to estimate the impacts"
Dean Karlan,Jonathan Zinman +1 more
TL;DR: In this paper, the impacts of expanding access to consumer credit at a 200% annual percentage rate (APR) using a field experiment and follow-up data collection were investigated.
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Microfinance: A Comprehensive Review of the Existing Literature
James C. Brau,Gary M. Woller +1 more
TL;DR: The authors provide a comprehensive review of over 350 articles and address the issues of MFI sustainability, products and services, management practices, clientele targeting, regulation and policy, and impact assessment.
References
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Book
Limited-Dependent and Qualitative Variables in Econometrics
TL;DR: In this article, the authors present a survey of the use of truncated distributions in the context of unions and wages, and some results on truncated distribution Bibliography Index and references therein.
Journal ArticleDOI
Limited information estimators and exogeneity tests for simultaneous probit models
Douglas Rivers,Quang Vuong +1 more
TL;DR: In this paper, a two-step maximum likelihood procedure is proposed for estimating simultaneous probit models and is compared to alternative limited information estimators, conditions under which each estimator attains the Cramer-Rao lower bound are obtained.
Journal ArticleDOI
Group lending, repayment incentives and social collateral
Timothy Besley,Stephen Coate +1 more
TL;DR: In this paper, the authors investigate the impact on repayment rates of lending to groups which are made jointly liable for repayment, and show that successful group members may have an incentive to repay the loans of group members whose projects have yielded insufficient return to make repayment worthwhile.
Journal ArticleDOI
Assessing the Case for Social Experiments
TL;DR: The authors show how experiments sometimes serve as instrumental variables to identify program impacts and the most favorable case for experiments ignores variability across persons in response to treatments received.
Book
Finance Against Poverty
David Hulme,Paul Mosley +1 more
TL;DR: In this article, the authors examined the effectiveness of the micro-entrepreneurs' theory when put into practice and presented empirical evidence drawn from comparative experiences in seven developing countries and produced some startling conclusions.